However, what this country lacks in water, it certainly makes up for it with huge oil reserves. The country in question is Saudi Arabia, one of the richest nations globally. Despite its desert ...

measures that would likely lead to fewer barrels on the market and an increase in oil prices, undermining Trump’s promise to ...

The Biden White House and Saudi Arabia are leveling ... Egypt and United Arab Emirates before attending the Gulf Cooperation Council Summit as he pushed for an increase in oil production.

Oil futures ticked higher early Thursday, seeing a modest bounce off 2025 lows after Saudi Arabia's state-owned petroleum company significantly raised physical crude prices for Asia. Price moves ...

RIYADH — Finance Minister Mohammed Al-Jadaan stated that non-oil activities accounted for 52% of Saudi Arabia’s real GDP in the third quarter of 2024, driven by private sector investment and exports.

ABU DHABI - Saudi Arabia's non-oil business sector expanded at its strongest pace in just over a decade in January, driven by a surge in new orders and robust business activity, a survey showed on ...

U.S. semiconductor startup Groq said on Monday it has secured a $1.5 billion commitment from Saudi Arabia to expand the delivery of its advanced AI chips to the country. AI chip startup Groq ...

Saudi Arabia’s non-oil business sector expanded at its strongest pace in just over a decade in January, driven by a surge in new orders and robust business activity, a survey showed this week.